Provident Fund (PF) is a retirement savings scheme that is mandated by the government of India for all employees. The scheme is designed to provide financial security to employees after retirement. In this scheme, a portion of the employee’s salary is deducted and contributed towards the fund, and the employer also contributes a matching amount.
Fixed income investments are an important aspect of any investment portfolio. They offer stable returns and relatively low risk, making them an ideal investment for those who seek to preserve their capital and generate regular income. In India, fixed income investments have been traditionally popular due to their perceived safety and reliability. Fixed income investments
Get Rich By Investing in Mutual Funds is a popular investment option that have been gaining popularity over the past few years. A mutual fund is essentially a pool of money that is managed by a professional fund manager. The fund manager invests this money in a diversified portfolio of stocks, bonds, or other securities,
Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme aimed at promoting the welfare of the girl child in India. The scheme was launched in 2015 under the Beti Bachao, Beti Padhao campaign, and offers an attractive interest rate, tax benefits, and a long-term savings option for parents/guardians looking to secure the future of their
Investing in a PPF or Public Provident Fund is one of the safest and most popular ways to save money for the long-term in India. It is a government-backed scheme that offers an attractive interest rate and tax benefits, making it an ideal investment option for individuals who want to save for their future financial
Nifty 50 investing is a popular investment strategy that involves investing in the 50 largest and most liquid companies listed on the National Stock Exchange (NSE) of India. The Nifty 50 is an index that tracks the performance of these top 50 companies, representing various sectors of the Indian economy. This investment strategy has gained
Equity Linked Savings Scheme (ELSS) is a popular tax-saving investment option for individuals in India. ELSS is a type of mutual fund that invests primarily in equity and equity-related instruments, providing investors with the potential for higher returns in the long run. As the end of the financial year approaches, many of us rush to
The National Pension Scheme (NPS) is a voluntary, contribution-based retirement savings scheme launched by the Government of India in 2004. The scheme was introduced to provide a sustainable and long-term solution for the retirement needs of citizens of India. Under the NPS, individuals can contribute regularly towards their retirement and build a corpus over time.
Investing is a great way to grow your wealth over time. However, it can be difficult to estimate the returns on your investments. This is where the Rule of 72 comes in handy. In this blog post, we will explore what the Rule of 72 is and how it can help you estimate investment returns.
Systematic Investment Plan (SIP) is a popular investment tool in India that allows investors to invest a fixed amount of money at regular intervals, usually monthly, in mutual funds. SIPs are designed to encourage disciplined and consistent investing, helping investors achieve their financial goals over the long term. SIPs offer several benefits, such as the